Industry News
What Are The Major Types Of VA Loans?
http://bucket.wistia.com/medias/8e7n5okv82?embedType=async&videoFoam=true&videoWidth=640 What Are The Major Types Of VA Loans? Major Veterans Affairs loan programs described in this video include: 1) Purchase Loans. These help eligible parties buy a...
What Is A Certificate of Eligibility, or COE?
http://bucket.wistia.com/medias/dvxhscy2jy?embedType=async&videoFoam=true&videoWidth=640 What Is A Certificate of Eligibility, or COE? The COE is the key document that verifies to lenders that someone is eligible for a VA-backed loan. Servicemembers,...
What Is A Rate Lock?
http://bucket.wistia.com/medias/vhq591kknj?embedType=async&videoFoam=true&videoWidth=640 Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video explains the common term 'rate...
When Do I Get My Loan Closing Disclosure?
http://bucket.wistia.com/medias/stz25eb0so?embedType=async&videoFoam=true&videoWidth=640 If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business...
Understanding Your Loan: Closing Disclosure Page 1
http://bucket.wistia.com/medias/eprp6ubkgt?embedType=async&videoFoam=true&videoWidth=640 The first page of your Closing Disclosure documents: The Loan Amount - the total you will actually borrow The Interest Rate - which does NOT include the fees factored into...
Understanding Your Loan: Additional Information Can Be Important
http://bucket.wistia.com/medias/skq8b97q3i?embedType=async&videoFoam=true&videoWidth=640 Page 4 of your Closing Disclosure is important. It is NOT just standardized form information that is identical for every loan. Review these terms: Assumption: can this...